1. After a spate of poor performing IPOs, the Bandhan Bank IPO rose by 30% on the day of launch.
  2. The Bandhan Bank share price went up to Rs 499 per share (33% over issue price). It later settled at Rs 487.33 (30% over issue price).
  3. The issue price of this IPO was Rs 375.
  4. This IPO was worth Rs 4,473 crores.
  5. The Bandhan Bank IPO was over-subscribed by 14.6 times.
  6. Bandhan Bank migrated from micro-finance only to normal banking services after getting an in-principle license from the RBI.
  7. It had a total of 864 branches as of 30th September 2017.
  8. The bank has a particularly good reach in the Eastern and North-eastern regions of India with West Bengal, Bihar and Assam being the best reached.

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